Here's a bit of a bombshell for Sprint Nextel
But it was just earlier this month that Sprint announced it would be aggressive in rolling out its plain-old LTE network, that the first markets would become active by the middle of 2012, and that its LTE infrastructure would be completed by 2013. It said nothing at all about building an LTE-Advanced network.
What's happened between Oct. 7 and Oct. 24 that has given Sprint the ability to leapfrog over Verizon's
For the curious, the potential speed differences offered by the 4G technologies of LTE and LTE-Advanced are significant. LTE promises maximum downlink speeds of 100 Mbps and uplink speeds of 50 Mbps. LTE-Advanced promises max downlink speeds of 1 Gbs and max uplink speeds of 500 Mbps. LTE-Advanced is so advanced that it was only this summer that Ericsson
Sprint certainly has gotten the short end of the stick lately. After watching AT&T throw its bigfoot $39 billion at Deutsche Telekom to acquire its T-Mobile USA division -- which would have the potential to really throw a wrench in Sprint's works -- Sprint just seems to keep stepping in it.
So is this announcement for real, or is it just a ploy to inject some optimism into Sprint's downtrodden investors? Has Sprint had this high-tech rabbit in its hat the whole time, or is it a Hail Mary pass hoping to catch its competitors off guard? Tell me what you think in the comments section below.
With technology becoming an increasingly important part of how we live our lives, and also of how we invest, The Motley Fool recently compiled a research report detailing another massive opportunity in the technology field, free of charge for our readers. I invite you to grab your free copy by clicking here.